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Production of capital goods fell in euro zone

Christian Fernsby ▼ | July 15, 2020
The highest increases were registered in Italy (+42.1%), France (+20.0%) and Slovakia (+19.6%).
European central bank
Increases   European central bank
The largest decreases were observed in Ireland (-9.8%), Croatia (-3.5%) and Finland (-1.3%).

Annual comparison by main industrial grouping and by Member State

In the euro area in May 2020, compared with May 2019, production of capital goods fell by 28.4%, durable consumer goods by 24.0%, intermediate goods by 19.7%, non-durable consumer goods by 14.4% and energy by 10.3%. In the EU, production of capital goods fell by 29.5%, durable consumer goods by 23.2%, intermediate goods by 18.5%, non-durable consumer goods by 13.4% and energy by 10.6%.

Industrial production decreased in all Member States for which data are available, with the largest decreases registered in Slovakia (-33.5%), Hungary (-27.6%) and Romania (-27.4%).

The euro area (EA19) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The European Union (EU27) includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.


 

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